JLL Capital Markets announce sale of San Antonio multifamily asset

SAN ANTONIO, September 26, 2018 – JLL Capital Market experts announced the successful sale of the Cordoba Apartment Homes, on behalf of Leuven Group, today. GVA Pro, LLC acquired the 260-unit, 7.891 acre apartment community located at 7810 Callaghan Road in San Antonio.

JLL Capital Markets Senior Vice President Moses Siller and Zar Haro represented the seller in the transaction.

“Strong economic drivers and historic job gains are generating huge investor interest for multifamily product in San Antonio and other markets across the state,” said Siller. “Cordoba offers an outstanding value-add opportunity for new ownership thanks to its great accessibility, projected rental rate growth and nearby by retail. This was a real win-win situation for the everyone involved.”

Cordoba Apartment Homes provides convenient access to I-10 and I-410, offering short commutes to several of the market’s top employers, including Methodist Healthcare, Baptist Health, and Christus Santa Rosa.

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether a sale, financing, repositioning, advisory or recapitalization execution. In 2017 alone, the firm’s 2,000 Capital Markets specialists completed $170 billion in investment sale and debt and equity transactions globally.

For more, please visit The Investor, an online and mobile app news source providing real-time commercial real estate news to asset buyers and sellers around the world.

For more content, including videos and research resources on JLL, please visit the firm's U.S. media center web page: http://bit.ly/18P2tkv.